According to the Sarbanes-Oxley Act of 2002,any person who is employed by a public accounting firm that audits a client cannot be employed by that client as the chief executive officer (CEO)or chief financial officer (CFO)for a period of five years following the audit.

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The Sarbanes-Oxley Act of 2002 does impose restrictions on employment, but it specifies a one-year cooling-off period before a member of the audit team can join an audit client as its CEO, CFO, or in another financial management position, not five years.

According to the Sarbanes-Oxley Act of 2002,any Person Who Is